SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 6, 2015
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ML CAPITAL GROUP, INC. |
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(Exact Name of Registrant as Specified in Charter) |
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Nevada |
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33-184636 |
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33-1219511 |
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(State or Other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(IRS Employer Identification Number) |
16810 East Avenue of the Fountains, Suite 104, Fountain Hills, Arizona 85268
(Address of Principal Executive Offices, Zip Code)
Registrant’s telephone number, including area code: (480) 816-5308
_______________________________________________
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425).
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
As used herein, the terms, “we,” “us,” “our,” and the “Company” refers to ML Capital Group, Inc., a Nevada corporation, unless otherwise stated.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On May 6, 2015, the Company’s Board of Directors elected Thomas E. Nelson as a Director of the Company. Mr. Nelson is the husband of the Company’s President, Chief Executive Officer, and Secretary, Ms. Lisa Nelson. In addition, The Board of Directors approved the issuance of 2,000,000 shares of the Company’s Common Stock to Mr. Nelson for his past services to the Company.
Mr. Nelson is the Founder, President and Managing Partner of Ten Associates, LLC and has over twenty years of experience in providing services to participants in U.S. domestic capital markets.
Prior to his work at Ten Associates, LLC, Mr. Nelson had prior employment with the Wells Group, RCG Capital Markets and Windstone Capital Partners where he provided investor relations and merchant banking services. Prior to this work, Mr. Nelson had prior affiliations with Merrill Lynch, Morgan Stanley, and American Express Financial Advisors.
Mr. Nelson took his B.S.B.A. Degree in Marketing and Public Relations from the University of Arizona.
Item 7.01 Regulation FD Disclosure
On May 6, 2015, the Company’s Board of Directors elected Thomas E. Nelson as a Director of the Company. Mr. Nelson is the husband of the Company’s President and Chief Executive Officer, Lisa Nelson. In addition, The Board of Directors approved the issuance of 2,000,000 shares of the Company’s Common Stock to Mr. Nelson for his past services to the Company.
The Company is a small company with limited managerial and financial resources and the Company is subject to market, regulatory, and competitive pressures over which it has little or no control.
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ML Capital Group, Inc. | |||
| Date: May 8, 2015 | By: | /s/ Lisa Nelson | |
| Lisa Nelson | |||
| President, Chief Executive Officer and Secretary | |||
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